FOCUS: Refractories sector to face short-term bauxite shortage in H1
Published: Friday, 08 January 2021
Refractory raw material consumers are likely to face shortages in bauxite, with the continued supply and logistics bottlenecks from China coming against a low-stock situation in destination markets.
Supported by a stronger yuan, the price of refractory grade
Chinese bauxite started to rise in the fourth quarter of last
year following only a minor decrease at the height of the
Covid-19 pandemic when the first wave of closures swept nations
across Europe and Asia.
Fastmarkets' price assessment for bauxite,...